British fashion retailers ASOS and Boohoo are able to conceive, design, produce, and have clothing ready for shoppers on the sales floor quicker than Zara and H&M, according to a research note Goldman Sachs sent investors last month, and the two millennial-focused, social-media savvy brands are enjoying the rewards.
It was a revolutionary idea that shouldn’t, really, have been so revolutionary.
The e-commerce giant knows how to sell you underwear, but can it fill the rest of your closet?
During their years working in fashion, Southern Californian sisters Margaret and Katherine Kleveland were increasingly impressed — and not favorably so — by how rare it was to see women holding top positions in the industry. This even though, as they note, women are most often the ones “designing, purchasing, and wearing the clothes.”
Discounting is on the rise in the luxury sector, as retailers strive to make up for slowed spending by cutting prices.
The year of retail’s redefinition is upon us, so says The NPD Group’s retail-industry analyst Marshal Cohen. While 2016 had its bright spots — and was certainly a better year for retail overall than many predicted — fashions firms will bid farewell to the past 12 months as they wait with bated breath for better days to come.
This year, Wellington boots-maker Hunter ditched London Fashion Week after a two-year run. It turns out having two tentpole events a year didn’t sit right with a brand that has become synonymous with the period between those fashion shows: music festival season.